Sara n. Lynch, by Noor Zainab Hussain WASHINGTON (Reuters) – Goldum Sachs Group Inc. said on Thursday it was withdrawing 17 4,174 million in executive compensation and agreed to pay 2. 2.9 billion for its role in Malaysia’s 1MDB corruption scandal, which has plagued the bank for years. . U.S. …
Read More »Intel’s margins plummet as customers shift to cheaper chips, shares slide 10%
(Reuters) – Intel Corp. INTC.O Margins tumbled in the most recent quarter as consumers bought cheap laptops and epidemics-ridden businesses and governments blocked data center spending, news sent its shares down 10%, the report said on Thursday. File photo: Bob Swann, CEO of Intel Corporation, gave an interview to Reuters …
Read More »Five South Koreans die after flu shots, fleeing vaccine fears
SEOUL (Reuters) – Five people have died in South Korea after a flu shot last week, officials said, adding that the seasonal inoculation program has been stepped up to address potential COVID-19 complications, raising concerns about vaccine safety. File photo: A health worker attaches a notice to suspend influenza vaccination …
Read More »China’s gains in Asian stocks grow, delayed by virus
By Stanley White, Suzanne Berlin TOKYO / NEW YORK (Reuters) – Asian stocks rallied on Friday on gains in China, but the mood remained cautious due to a resurgence of coronavirus infections in Europe and the United States. After the market opens in Tokyo, Japan on October 2, 2020, photographers …
Read More »Trump steel tariff swing brings job losses to the state of Michigan
CHICAGO (Reuters) – President Donald Trump promised a new dawn in 2016 for the struggling U.S. steel industry, and the lure of new jobs in the Midwestern states, including Michigan, helped him win a surprise election. File photo: U.S. The entrance to the Steel Great Lakes Works Plant, September 24, …
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